Lilly Settles Zyprexa Lawsuits with 8 of 12 Remaining States

Eight of 12 states that sued Eli Lily & Co over alleged off-label promotion of its antipsychotic drug Zyprexa have reached a settlement with the pharmaceutical company.

While the terms of the settlements are confidential, West Virginia's settlement is reportedly worth $2.5 million.

Thirty-three other states have already settled their consumer protection claims with Lilly for $62 million. And earlier this year Lilly agreed to pay $1.4 billion to settle federal civil and criminal claims stemming from the alleged off-label marketing. The payment also benefited the Medicaid programs of more than 30 states that collectively received approximately $362 million.

SEPT-23-09: Zyprexa Settlements Piling Up [WV RECORD: ZYPREXA SETTLEMENTS PILING UP]

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Published on Sep-23-09